Eley-Graham-Austgen Financial Advisory Services offers professional financial planning and consulting services to individuals and high-net-worth clients. Founded in 1984 and currently owned by Dorothy Austgen, Eley-Graham-Austgen Financial Advisory Services focuses on creating comprehensive financial plans that organize clients' financial goals, net worth summaries, asset allocations, and retirement analyses. The firm utilizes tools such as Morningstar asset allocation software and Monte Carlo simulations to assess retirement success probabilities and develop strategies aimed at reducing taxes and protecting against earnings interruptions. Eley-Graham-Austgen Financial Advisory Services does not manage investment accounts directly or hold assets under management; instead, clients implement their financial plans through broker-dealers or third-party money managers of their choice. The firm also offers consultations in specialized areas such as tax planning, asset protection, retirement planning, estate planning, and retirement plan asset allocation.
Fee Structure
Eley-Graham-Austgen Financial Advisory Services encourages clients to retain the firm on an ongoing basis for semi-annual reviews. The ongoing planning fee is structured as follows:
- Semi-annual review fee — 20% of the initial financial planning fee, capped at $600 per year
- The annual fee increases each year by 4%, subject to the same $600 annual cap
- Initial comprehensive financial plan — Priced according to your investment assets: $1,500 to $2,500 for $150,000 to $249,999; $2,500 to $3,500 for $250,000 to $499,999; $3,500 to $4,500 for $500,000 to $1,000,000; and $4,500 and upward for over $1,000,000
- Selective financial planning services — Generally $350 or under for select services such as consultation and research, estate settlement, or special studies
- Modified financial plan (hourly rate) — $280 per hour for the financial advisor and $125 per hour for administrative staff